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A:

New production facility of Modine company opens

Sremska Mitrovica, 23 April 2024

Deputy Prime Minister and Minister of Defence Milos Vucevic opened today the new production facility of the American company Modine in Sremska Mitrovica, which covers approximately 18,000 square meters.

Vucevic opened the new facility together with the ambassador of the United States of America to Serbia Christopher Hill, CEO of the Modine Manufacturing Company Neil Brinker and general director of that company in Serbia Dejan Nestorovic.

He reminded that more than €27 million were invested in this factory and that more than 350 people work there, and he emphasized that in the next three years, annual exports of more than €100 million are expected, and that more than 700 people work will work there.

Nestorovic said that the primary task of the company is its constant improvement and creation of conditions for safe and efficient work, pointing out that Modine has always focused on environmentally friendly solutions in its over 100 years of existence.

Brinker explained that the company deals with innovative heating and cooling solutions, improving products.

Modine has been operating in Serbia for 10 years and now, in addition to the existing 12,000 square meters, it is getting a modern industrial facility of approximately 18,000 square meters.